SlideShare a Scribd company logo
GROUP PROJECT 2
Group Project
Running head: GROUP PROJECT 1
Our company, DAKAT Foods, produces, markets, and sells
wholesome and socially beneficial foods and beverages around
the world. The purpose of our talk today is to tell you about our
newest product, an organic, fair trade, low-glycemic,
environmentally friendly, and socially responsible iced coffee
drink called HAPPUCCINO.
Product
HAPPUCCINO is a blended organic and fair trade blended iced
coffee, deliciously creamy and served in compostable
packaging. The product consists of organic fair trade coffee,
organic and naturally low-carb sweeteners, and vegan nut-milks
with other natural flavors. Our major competitors are Starbucks,
Caribou Coffee, and Dunkin Donuts. Future partners will
include REI, Whole Foods, Fresh Thyme, local grocery co-ops,
and sustainability-minded restaurants and cafes.
Marketing strategy focuses on a business’s overall plan to reach
and retain potential customers through establishing a value
proposition, gathering demographic data, and setting objectives.
According to Abedin & Jafarzadeh (2013), a unique marketing
strategy starts with product differentiation, which results in
higher brand love, enhanced image, and customer loyalty.
The products’ value proposition is also based on a great
customer experience supported by an outstanding store
atmosphere meant to decrease stress and increase the sense of
well-being in our customers.
Market and Customer
HAPPUCCINO will be marketed through the use of mass media
and online social-media advertisements, focused on long term
branding of the product as a healthy, sustainability-focused,
customer-oriented, and ethical business. We will also partner
with established brands to co-market our products together.
We plan to market HAPPUCCINO in several markets, including:
· Online, via social media including Facebook, Instagram, Tick-
Tock, and other person-to-person social media platforms
· By engaging young influencers, such as popular Youtubers,
young celebrities, sports figures, and others that our target
customers trust.
· By cross-promoting with other brands in the LOHAS space,
e.g., REI, Whole Foods, Fresh Thyme, local grocery co-ops, and
sustainability-minded restaurants and cafes.
· We will run special ads in local publications, to drive foot
traffic to our own and partner stores.
As HAPPUCCINO moves through its life cycle and gains
market share, we may decide to increase pricing; e.g. skimming
price strategy, to increase revenues and further establish our
superiority in the crowded coffee market.
According to Akaeze and Akaeze (2017), business practitioners
achieve a competitive advantage when they perform a careful
value-creating plan or method not simultaneously performed by
competitors. In our case, HAPPUCCINO is superior in health
and environmental benefits.
It is instructive to note that most initial pricing strategies are
temporary and as the product life cycle advances, there will be
changes in the demand curve and costs of the product that
would naturally necessitate a reassessment of the pricing
policies and their impacts.
· We plan to market HAPPUCCINO to the LOHAS (i.e.,
lifestyles of health and sustainability) market segment
(Schüpbach, Gröli, Dauwalder, and Amhof, 2007).
· This segment includes affluent individuals that care about
their health and the health of the natural environment.
· Our product will appeal to this market because we will use
organic, fair trade, healthy, and environmentally friendly
products, and packaging.
· We will also donate a portion of our profits to causes that our
customers care about, such as helping people in developing
regions, restoring natural habitats, and providing education and
outreach for communities in need.
We plan to market HAPPUCCINO in several markets, including:
· Online, via social media including Facebook, Instagram, Tick-
Tock, and other person-to-person social media platforms
· By engaging young influencers, such as popular Youtubers,
young celebrities, sports figures, and others that our target
customers trust.
· By cross-promoting with other brands in the LOHAS space,
e.g., REI, Whole Foods, Fresh Thyme, local grocery co-ops, and
sustainability-minded restaurants and cafes.
· We will run special ads in local publications, to drive foot
traffic to our own and partner stores.
Customer retention is the process of building long-term
strategic relationships with existing customers that continue to
support our products and brands over time. It is important to
retain existing customers because it is much more expensive to
find new customers than it is to keep existing customers.
· We intend to develop incredible relationships with our
customers because we offer a unique, healthy, and sustainable
products that they want and need. (Bridges, Goldsmith &
Hofacker, 2005).
· By providing an exceptional product at a premium price, we
will develop trust within our existing customer base.
· Our product and in-store experiences will be exceptional,
building brand love and motivating customers to purchase our
products often.
· We will utilize social media and viral marketing campaigns
that will be shared by our customers, creating word of mouth
and peer to peer communications. This will help to increase
trust in our brand.
· We will continue to reward our customers with loyalty
bonuses, such as free size upgrades and free drinks after
accruing points in our rewards program.
Processing
The process for our production line that we believe will be
the most beneficial in the startup phase of our organization is a
three-part process. In the initial phase is the roasting phase. In
this phase two commercial, industrial roasters will take the raw
coffee bean and roast it during a 2-hour process which will roast
our bean to industry preferential standards at 375 degrees. This
process will be a gradual heating until the beans reach the
internal temperature stated above. The second phase of our
production process will be the grinding and brewing phase. In
order to minimize expenditures, we will not create an automated
production line, instead opting for large quantity brewers that
will enable us to create a product using a minimal labor on the
production and assembly line.(ND) During this second process
the coffee will be ground down and brewed into large
commercial vats that will be done in 10L batches. The third and
final phase of the production process will be bottling and
packing. In this process our custom labelled and produced
bottles will be filled with our proprietary blend of coffee, low
carb sweeteners, nut milks and flavor enhancers. As our product
will be shelved in cooled fridges within a retail location, the
requirement for us to chill the product prior to shipping is
nonexistent.
Layout
The layout of the facility will follow along the manufacturing
process described previously. The layout will be a square layout
divided into 4 segregated rooms that will house each one of the
three production phases and the last room will be for storage of
the product and serve as a shipping bay as well. This particular
layout we believe will be the most beneficial to our production
process and allow us to keep each phase separated from the next
and thus have minimal chance of cross contamination and
pollutants getting into our products.
Location
The location for our first production facility will be in
Houston, Texas. The rationally behind locating our facility in
this area is accessibility both to shipping and an ideal waypoint
for disbursement into large scale freight forwarders and
distribution channels. Houston is ideally located next to the port
of Galveston, one of the primary shipping ports for products
from the Caribbean and South America where many of our
products will be sourced. It is also ideal as it is the 7th largest
city and its access to transportation links for the greater
continent is unparalleled. To further add to the benefits of the
location, production facilities costing is one of the lowest in
continental USA.
Work and Job Design
There are several elements that we need to pay attention to in
the design of the job and work required to manufacture products
or offer services, including tasks, motivation, resource
allocation, and reward systems (ND) as follow:
1. A task is defined as a piece of assigned work expected to be
performed within a certain time. At Happucino jobs will be
divided and spread into three processing phases: the roasting
phase, the grinding and brewing phase, the bottling and packing
phase.
2. Motivation describes forces within the individual that
accounts for the level, direction, and persistence of effort
expended at work. Happucino is committed to designing work
that motivates its employees to remain compelled, excited, and
passionate to do their work. On the way, monitoring will be
done by giving surveys to employees.
3. Resource allocation occurs when an organization decides to
appropriate or allocates certain resources to specific jobs, tasks,
or dilemmas facing the organization. Happucino will operate as
a company at the startup level so that the allocation of human
resources will be done very carefully, identifying and
structuring the work in such a way as to be efficient in utilizing
company resources.
4. Reward systems include compensation, bonuses, raises, job
security, benefits, and various other reward methods for
employees which in Happuccino will also be determined
through the employee performance appraisal system.
References
Abedin, B. & Jafarzadeh, H. (2013). Attracting and retaining
customers on Facebook business pages: A content analysis of an
online discussion forum. International Journal of
Technology Marketing. 8(3). DOI:
10.1504/IJTMKT.2013.055340
Akaeze, C., & Akaeze, N. (2017). Exploring factors that
influence consumer loyalty to automobile dealerships in New
York. Journal of Business Theory and Practice. 5(98).
Bridges, E., Goldsmith, R., & Hofacker, C. (2005). Attracting
and retaining online buyers: Comparing B2B and B2C
customers. Advances in Electronic Marketing. 1-27.
10.4018/978-1-59140-321-0.ch001. xxfryu
(ND) Facility Layout and Design. (-1, November 30). Retrieved
February 11, 2020, from
https://www.inc.com/encyclopedia/facility-layout-and-
design.html
(ND), Retrieved February 13, 2020, from
https://courses.lumenlearning.com/boundless-
management/chapter/job-design-and-motivation/
(n.d.). Retrieved February 11, 2020, from
https://www.bizjournals.com/houston/news/2018/08/07/studyho
uston-remains-among-top-cities-for.html
Schüpbach, S., Gröli, M., Dauwalder, P., & Amhof, R. (2007).
Ernst & Young, LOHAS, Lifestyle of health and sustainabililty.
Retrieved from https://www.lohas.se/wp-
content/uploads/2015/07/ErnstYoung-Studie-
2008_ey_LOHAS_e.pdf

More Related Content

Similar to GROUP PROJECT2Group ProjectRunning head GROUP .docx

RUNNING HEAD Strategic Plan Part 11Strategic Plan Part 1.docx
RUNNING HEAD Strategic Plan Part 11Strategic Plan Part 1.docxRUNNING HEAD Strategic Plan Part 11Strategic Plan Part 1.docx
RUNNING HEAD Strategic Plan Part 11Strategic Plan Part 1.docx
toltonkendal
 
Case Study InstructionsDirector’s Request for PCs Completion.docx
Case Study InstructionsDirector’s Request for PCs Completion.docxCase Study InstructionsDirector’s Request for PCs Completion.docx
Case Study InstructionsDirector’s Request for PCs Completion.docx
tidwellveronique
 
Full business plan for a small company
Full business plan for a small companyFull business plan for a small company
Full business plan for a small company
Chantelle Stevenson
 
12Business Name Fruitfit CompanyThe name of.docx
12Business Name Fruitfit CompanyThe name of.docx12Business Name Fruitfit CompanyThe name of.docx
12Business Name Fruitfit CompanyThe name of.docx
drennanmicah
 
Environmental and Industry Analysis1Organizational and Opera.docx
Environmental and Industry Analysis1Organizational and Opera.docxEnvironmental and Industry Analysis1Organizational and Opera.docx
Environmental and Industry Analysis1Organizational and Opera.docx
SALU18
 
Ben & jerry's Marketing Plan
Ben & jerry's Marketing PlanBen & jerry's Marketing Plan
Ben & jerry's Marketing Plan
David FC
 
new Product development
new Product developmentnew Product development
new Product development
Hifza Ashraf
 
Pepsi co strategic management
Pepsi co strategic managementPepsi co strategic management
Pepsi co strategic management
David Croos
 
HOSP 4060 Final Exam Essay One 4 points Pr.docx
HOSP 4060  Final Exam Essay One    4 points Pr.docxHOSP 4060  Final Exam Essay One    4 points Pr.docx
HOSP 4060 Final Exam Essay One 4 points Pr.docx
trishamassafd7p
 
Business 260 principles of management paper
Business 260 principles of management paperBusiness 260 principles of management paper
Business 260 principles of management paper
mbeaulieu16
 
Running Head Conceptualizing in Business – Business Model and Str.docx
Running Head Conceptualizing in Business – Business Model and Str.docxRunning Head Conceptualizing in Business – Business Model and Str.docx
Running Head Conceptualizing in Business – Business Model and Str.docx
joellemurphey
 
POLC Frame Work of Coca Cola Presentaion (MAS after PGDPA)
POLC Frame Work of Coca Cola Presentaion (MAS after PGDPA)POLC Frame Work of Coca Cola Presentaion (MAS after PGDPA)
POLC Frame Work of Coca Cola Presentaion (MAS after PGDPA)
Muhammad Asif Khan Awan
 
POLC framework of coca cola (mas after pgdpa) 2015
POLC framework of coca cola (mas after pgdpa) 2015POLC framework of coca cola (mas after pgdpa) 2015
POLC framework of coca cola (mas after pgdpa) 2015
Muhammad Asif Khan
 
Laar business plan (By: Awais)
Laar business plan (By: Awais)Laar business plan (By: Awais)
Laar business plan (By: Awais)
Awais Ahmed
 
Departmentation by Product
Departmentation by Product Departmentation by Product
Departmentation by Product
nawal16
 
Business Plan Pão de Queijo oficial
Business Plan Pão de Queijo oficialBusiness Plan Pão de Queijo oficial
Business Plan Pão de Queijo oficial
Luiz Guilherme Osorio
 
A Health Bar
A Health BarA Health Bar
A Health Bar
Shreyansh Kejriwal
 
Snack Launch
Snack LaunchSnack Launch
Snack Launch
Aima Masood
 
Contemporary- Indian dairy industry
Contemporary- Indian dairy industryContemporary- Indian dairy industry
Contemporary- Indian dairy industry
astha inani
 
4800 Assignment Hospitality Strategic Management - White Dog Cafe.docx
4800 Assignment Hospitality Strategic Management - White Dog Cafe.docx4800 Assignment Hospitality Strategic Management - White Dog Cafe.docx
4800 Assignment Hospitality Strategic Management - White Dog Cafe.docx
Brandy Wang
 

Similar to GROUP PROJECT2Group ProjectRunning head GROUP .docx (20)

RUNNING HEAD Strategic Plan Part 11Strategic Plan Part 1.docx
RUNNING HEAD Strategic Plan Part 11Strategic Plan Part 1.docxRUNNING HEAD Strategic Plan Part 11Strategic Plan Part 1.docx
RUNNING HEAD Strategic Plan Part 11Strategic Plan Part 1.docx
 
Case Study InstructionsDirector’s Request for PCs Completion.docx
Case Study InstructionsDirector’s Request for PCs Completion.docxCase Study InstructionsDirector’s Request for PCs Completion.docx
Case Study InstructionsDirector’s Request for PCs Completion.docx
 
Full business plan for a small company
Full business plan for a small companyFull business plan for a small company
Full business plan for a small company
 
12Business Name Fruitfit CompanyThe name of.docx
12Business Name Fruitfit CompanyThe name of.docx12Business Name Fruitfit CompanyThe name of.docx
12Business Name Fruitfit CompanyThe name of.docx
 
Environmental and Industry Analysis1Organizational and Opera.docx
Environmental and Industry Analysis1Organizational and Opera.docxEnvironmental and Industry Analysis1Organizational and Opera.docx
Environmental and Industry Analysis1Organizational and Opera.docx
 
Ben & jerry's Marketing Plan
Ben & jerry's Marketing PlanBen & jerry's Marketing Plan
Ben & jerry's Marketing Plan
 
new Product development
new Product developmentnew Product development
new Product development
 
Pepsi co strategic management
Pepsi co strategic managementPepsi co strategic management
Pepsi co strategic management
 
HOSP 4060 Final Exam Essay One 4 points Pr.docx
HOSP 4060  Final Exam Essay One    4 points Pr.docxHOSP 4060  Final Exam Essay One    4 points Pr.docx
HOSP 4060 Final Exam Essay One 4 points Pr.docx
 
Business 260 principles of management paper
Business 260 principles of management paperBusiness 260 principles of management paper
Business 260 principles of management paper
 
Running Head Conceptualizing in Business – Business Model and Str.docx
Running Head Conceptualizing in Business – Business Model and Str.docxRunning Head Conceptualizing in Business – Business Model and Str.docx
Running Head Conceptualizing in Business – Business Model and Str.docx
 
POLC Frame Work of Coca Cola Presentaion (MAS after PGDPA)
POLC Frame Work of Coca Cola Presentaion (MAS after PGDPA)POLC Frame Work of Coca Cola Presentaion (MAS after PGDPA)
POLC Frame Work of Coca Cola Presentaion (MAS after PGDPA)
 
POLC framework of coca cola (mas after pgdpa) 2015
POLC framework of coca cola (mas after pgdpa) 2015POLC framework of coca cola (mas after pgdpa) 2015
POLC framework of coca cola (mas after pgdpa) 2015
 
Laar business plan (By: Awais)
Laar business plan (By: Awais)Laar business plan (By: Awais)
Laar business plan (By: Awais)
 
Departmentation by Product
Departmentation by Product Departmentation by Product
Departmentation by Product
 
Business Plan Pão de Queijo oficial
Business Plan Pão de Queijo oficialBusiness Plan Pão de Queijo oficial
Business Plan Pão de Queijo oficial
 
A Health Bar
A Health BarA Health Bar
A Health Bar
 
Snack Launch
Snack LaunchSnack Launch
Snack Launch
 
Contemporary- Indian dairy industry
Contemporary- Indian dairy industryContemporary- Indian dairy industry
Contemporary- Indian dairy industry
 
4800 Assignment Hospitality Strategic Management - White Dog Cafe.docx
4800 Assignment Hospitality Strategic Management - White Dog Cafe.docx4800 Assignment Hospitality Strategic Management - White Dog Cafe.docx
4800 Assignment Hospitality Strategic Management - White Dog Cafe.docx
 

More from shericehewat

You have been asked to explain the differences between certain categ.docx
You have been asked to explain the differences between certain categ.docxYou have been asked to explain the differences between certain categ.docx
You have been asked to explain the differences between certain categ.docx
shericehewat
 
You have been asked to help secure the information system and users .docx
You have been asked to help secure the information system and users .docxYou have been asked to help secure the information system and users .docx
You have been asked to help secure the information system and users .docx
shericehewat
 
You have been asked to participate in a local radio program to add.docx
You have been asked to participate in a local radio program to add.docxYou have been asked to participate in a local radio program to add.docx
You have been asked to participate in a local radio program to add.docx
shericehewat
 
You have been hired asa cons.docx
You have been hired asa cons.docxYou have been hired asa cons.docx
You have been hired asa cons.docx
shericehewat
 
You have been appointed as a system analyst in the IT department of .docx
You have been appointed as a system analyst in the IT department of .docxYou have been appointed as a system analyst in the IT department of .docx
You have been appointed as a system analyst in the IT department of .docx
shericehewat
 
You choose one and I will upload the materials for u.Choose 1 of.docx
You choose one and I will upload the materials for u.Choose 1 of.docxYou choose one and I will upload the materials for u.Choose 1 of.docx
You choose one and I will upload the materials for u.Choose 1 of.docx
shericehewat
 
You are Incident Commander and principal planner for the DRNC even.docx
You are Incident Commander and principal planner for the DRNC even.docxYou are Incident Commander and principal planner for the DRNC even.docx
You are Incident Commander and principal planner for the DRNC even.docx
shericehewat
 
You DecideCryptographic Tunneling and the OSI ModelWrite a p.docx
You DecideCryptographic Tunneling and the OSI ModelWrite a p.docxYou DecideCryptographic Tunneling and the OSI ModelWrite a p.docx
You DecideCryptographic Tunneling and the OSI ModelWrite a p.docx
shericehewat
 
You are working as a behavioral health specialist in a neurological .docx
You are working as a behavioral health specialist in a neurological .docxYou are working as a behavioral health specialist in a neurological .docx
You are working as a behavioral health specialist in a neurological .docx
shericehewat
 
You are to write up a reflection (longer than 2 pages) that discusse.docx
You are to write up a reflection (longer than 2 pages) that discusse.docxYou are to write up a reflection (longer than 2 pages) that discusse.docx
You are to write up a reflection (longer than 2 pages) that discusse.docx
shericehewat
 
You can only take this assignment if you have the book Discovering t.docx
You can only take this assignment if you have the book Discovering t.docxYou can only take this assignment if you have the book Discovering t.docx
You can only take this assignment if you have the book Discovering t.docx
shericehewat
 
You are to interview a woman 50 and older and write up the interview.docx
You are to interview a woman 50 and older and write up the interview.docxYou are to interview a woman 50 and older and write up the interview.docx
You are to interview a woman 50 and older and write up the interview.docx
shericehewat
 
You are to complete TWO essays and answer the following questions.  .docx
You are to complete TWO essays and answer the following questions.  .docxYou are to complete TWO essays and answer the following questions.  .docx
You are to complete TWO essays and answer the following questions.  .docx
shericehewat
 
You are the vice president of a human resources department and Susan.docx
You are the vice president of a human resources department and Susan.docxYou are the vice president of a human resources department and Susan.docx
You are the vice president of a human resources department and Susan.docx
shericehewat
 
You are the purchasing manager of a company that has relationships w.docx
You are the purchasing manager of a company that has relationships w.docxYou are the purchasing manager of a company that has relationships w.docx
You are the purchasing manager of a company that has relationships w.docx
shericehewat
 
You are to briefly describe how the Bible is related to the topics c.docx
You are to briefly describe how the Bible is related to the topics c.docxYou are to briefly describe how the Bible is related to the topics c.docx
You are to briefly describe how the Bible is related to the topics c.docx
shericehewat
 
You are the manager of an accounting department and would like to hi.docx
You are the manager of an accounting department and would like to hi.docxYou are the manager of an accounting department and would like to hi.docx
You are the manager of an accounting department and would like to hi.docx
shericehewat
 
You are the new chief financial officer (CFO) hired by a company. .docx
You are the new chief financial officer (CFO) hired by a company. .docxYou are the new chief financial officer (CFO) hired by a company. .docx
You are the new chief financial officer (CFO) hired by a company. .docx
shericehewat
 
You are the manager of a team of six proposal-writing professionals..docx
You are the manager of a team of six proposal-writing professionals..docxYou are the manager of a team of six proposal-writing professionals..docx
You are the manager of a team of six proposal-writing professionals..docx
shericehewat
 
You are the environmental compliance officer at a company that is .docx
You are the environmental compliance officer at a company that is .docxYou are the environmental compliance officer at a company that is .docx
You are the environmental compliance officer at a company that is .docx
shericehewat
 

More from shericehewat (20)

You have been asked to explain the differences between certain categ.docx
You have been asked to explain the differences between certain categ.docxYou have been asked to explain the differences between certain categ.docx
You have been asked to explain the differences between certain categ.docx
 
You have been asked to help secure the information system and users .docx
You have been asked to help secure the information system and users .docxYou have been asked to help secure the information system and users .docx
You have been asked to help secure the information system and users .docx
 
You have been asked to participate in a local radio program to add.docx
You have been asked to participate in a local radio program to add.docxYou have been asked to participate in a local radio program to add.docx
You have been asked to participate in a local radio program to add.docx
 
You have been hired asa cons.docx
You have been hired asa cons.docxYou have been hired asa cons.docx
You have been hired asa cons.docx
 
You have been appointed as a system analyst in the IT department of .docx
You have been appointed as a system analyst in the IT department of .docxYou have been appointed as a system analyst in the IT department of .docx
You have been appointed as a system analyst in the IT department of .docx
 
You choose one and I will upload the materials for u.Choose 1 of.docx
You choose one and I will upload the materials for u.Choose 1 of.docxYou choose one and I will upload the materials for u.Choose 1 of.docx
You choose one and I will upload the materials for u.Choose 1 of.docx
 
You are Incident Commander and principal planner for the DRNC even.docx
You are Incident Commander and principal planner for the DRNC even.docxYou are Incident Commander and principal planner for the DRNC even.docx
You are Incident Commander and principal planner for the DRNC even.docx
 
You DecideCryptographic Tunneling and the OSI ModelWrite a p.docx
You DecideCryptographic Tunneling and the OSI ModelWrite a p.docxYou DecideCryptographic Tunneling and the OSI ModelWrite a p.docx
You DecideCryptographic Tunneling and the OSI ModelWrite a p.docx
 
You are working as a behavioral health specialist in a neurological .docx
You are working as a behavioral health specialist in a neurological .docxYou are working as a behavioral health specialist in a neurological .docx
You are working as a behavioral health specialist in a neurological .docx
 
You are to write up a reflection (longer than 2 pages) that discusse.docx
You are to write up a reflection (longer than 2 pages) that discusse.docxYou are to write up a reflection (longer than 2 pages) that discusse.docx
You are to write up a reflection (longer than 2 pages) that discusse.docx
 
You can only take this assignment if you have the book Discovering t.docx
You can only take this assignment if you have the book Discovering t.docxYou can only take this assignment if you have the book Discovering t.docx
You can only take this assignment if you have the book Discovering t.docx
 
You are to interview a woman 50 and older and write up the interview.docx
You are to interview a woman 50 and older and write up the interview.docxYou are to interview a woman 50 and older and write up the interview.docx
You are to interview a woman 50 and older and write up the interview.docx
 
You are to complete TWO essays and answer the following questions.  .docx
You are to complete TWO essays and answer the following questions.  .docxYou are to complete TWO essays and answer the following questions.  .docx
You are to complete TWO essays and answer the following questions.  .docx
 
You are the vice president of a human resources department and Susan.docx
You are the vice president of a human resources department and Susan.docxYou are the vice president of a human resources department and Susan.docx
You are the vice president of a human resources department and Susan.docx
 
You are the purchasing manager of a company that has relationships w.docx
You are the purchasing manager of a company that has relationships w.docxYou are the purchasing manager of a company that has relationships w.docx
You are the purchasing manager of a company that has relationships w.docx
 
You are to briefly describe how the Bible is related to the topics c.docx
You are to briefly describe how the Bible is related to the topics c.docxYou are to briefly describe how the Bible is related to the topics c.docx
You are to briefly describe how the Bible is related to the topics c.docx
 
You are the manager of an accounting department and would like to hi.docx
You are the manager of an accounting department and would like to hi.docxYou are the manager of an accounting department and would like to hi.docx
You are the manager of an accounting department and would like to hi.docx
 
You are the new chief financial officer (CFO) hired by a company. .docx
You are the new chief financial officer (CFO) hired by a company. .docxYou are the new chief financial officer (CFO) hired by a company. .docx
You are the new chief financial officer (CFO) hired by a company. .docx
 
You are the manager of a team of six proposal-writing professionals..docx
You are the manager of a team of six proposal-writing professionals..docxYou are the manager of a team of six proposal-writing professionals..docx
You are the manager of a team of six proposal-writing professionals..docx
 
You are the environmental compliance officer at a company that is .docx
You are the environmental compliance officer at a company that is .docxYou are the environmental compliance officer at a company that is .docx
You are the environmental compliance officer at a company that is .docx
 

Recently uploaded

DRUGS AND ITS classification slide share
DRUGS AND ITS classification slide shareDRUGS AND ITS classification slide share
DRUGS AND ITS classification slide share
taiba qazi
 
The simplified electron and muon model, Oscillating Spacetime: The Foundation...
The simplified electron and muon model, Oscillating Spacetime: The Foundation...The simplified electron and muon model, Oscillating Spacetime: The Foundation...
The simplified electron and muon model, Oscillating Spacetime: The Foundation...
RitikBhardwaj56
 
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptxC1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
mulvey2
 
The basics of sentences session 6pptx.pptx
The basics of sentences session 6pptx.pptxThe basics of sentences session 6pptx.pptx
The basics of sentences session 6pptx.pptx
heathfieldcps1
 
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdfANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
Priyankaranawat4
 
How to Manage Your Lost Opportunities in Odoo 17 CRM
How to Manage Your Lost Opportunities in Odoo 17 CRMHow to Manage Your Lost Opportunities in Odoo 17 CRM
How to Manage Your Lost Opportunities in Odoo 17 CRM
Celine George
 
PIMS Job Advertisement 2024.pdf Islamabad
PIMS Job Advertisement 2024.pdf IslamabadPIMS Job Advertisement 2024.pdf Islamabad
PIMS Job Advertisement 2024.pdf Islamabad
AyyanKhan40
 
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Dr. Vinod Kumar Kanvaria
 
Smart-Money for SMC traders good time and ICT
Smart-Money for SMC traders good time and ICTSmart-Money for SMC traders good time and ICT
Smart-Money for SMC traders good time and ICT
simonomuemu
 
How to Add Chatter in the odoo 17 ERP Module
How to Add Chatter in the odoo 17 ERP ModuleHow to Add Chatter in the odoo 17 ERP Module
How to Add Chatter in the odoo 17 ERP Module
Celine George
 
Assessment and Planning in Educational technology.pptx
Assessment and Planning in Educational technology.pptxAssessment and Planning in Educational technology.pptx
Assessment and Planning in Educational technology.pptx
Kavitha Krishnan
 
A Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptxA Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptx
thanhdowork
 
A Independência da América Espanhola LAPBOOK.pdf
A Independência da América Espanhola LAPBOOK.pdfA Independência da América Espanhola LAPBOOK.pdf
A Independência da América Espanhola LAPBOOK.pdf
Jean Carlos Nunes Paixão
 
writing about opinions about Australia the movie
writing about opinions about Australia the moviewriting about opinions about Australia the movie
writing about opinions about Australia the movie
Nicholas Montgomery
 
The Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collectionThe Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collection
Israel Genealogy Research Association
 
clinical examination of hip joint (1).pdf
clinical examination of hip joint (1).pdfclinical examination of hip joint (1).pdf
clinical examination of hip joint (1).pdf
Priyankaranawat4
 
S1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptxS1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptx
tarandeep35
 
Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...
Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...
Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...
National Information Standards Organization (NISO)
 
Liberal Approach to the Study of Indian Politics.pdf
Liberal Approach to the Study of Indian Politics.pdfLiberal Approach to the Study of Indian Politics.pdf
Liberal Approach to the Study of Indian Politics.pdf
WaniBasim
 
The History of Stoke Newington Street Names
The History of Stoke Newington Street NamesThe History of Stoke Newington Street Names
The History of Stoke Newington Street Names
History of Stoke Newington
 

Recently uploaded (20)

DRUGS AND ITS classification slide share
DRUGS AND ITS classification slide shareDRUGS AND ITS classification slide share
DRUGS AND ITS classification slide share
 
The simplified electron and muon model, Oscillating Spacetime: The Foundation...
The simplified electron and muon model, Oscillating Spacetime: The Foundation...The simplified electron and muon model, Oscillating Spacetime: The Foundation...
The simplified electron and muon model, Oscillating Spacetime: The Foundation...
 
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptxC1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
 
The basics of sentences session 6pptx.pptx
The basics of sentences session 6pptx.pptxThe basics of sentences session 6pptx.pptx
The basics of sentences session 6pptx.pptx
 
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdfANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
 
How to Manage Your Lost Opportunities in Odoo 17 CRM
How to Manage Your Lost Opportunities in Odoo 17 CRMHow to Manage Your Lost Opportunities in Odoo 17 CRM
How to Manage Your Lost Opportunities in Odoo 17 CRM
 
PIMS Job Advertisement 2024.pdf Islamabad
PIMS Job Advertisement 2024.pdf IslamabadPIMS Job Advertisement 2024.pdf Islamabad
PIMS Job Advertisement 2024.pdf Islamabad
 
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
 
Smart-Money for SMC traders good time and ICT
Smart-Money for SMC traders good time and ICTSmart-Money for SMC traders good time and ICT
Smart-Money for SMC traders good time and ICT
 
How to Add Chatter in the odoo 17 ERP Module
How to Add Chatter in the odoo 17 ERP ModuleHow to Add Chatter in the odoo 17 ERP Module
How to Add Chatter in the odoo 17 ERP Module
 
Assessment and Planning in Educational technology.pptx
Assessment and Planning in Educational technology.pptxAssessment and Planning in Educational technology.pptx
Assessment and Planning in Educational technology.pptx
 
A Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptxA Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptx
 
A Independência da América Espanhola LAPBOOK.pdf
A Independência da América Espanhola LAPBOOK.pdfA Independência da América Espanhola LAPBOOK.pdf
A Independência da América Espanhola LAPBOOK.pdf
 
writing about opinions about Australia the movie
writing about opinions about Australia the moviewriting about opinions about Australia the movie
writing about opinions about Australia the movie
 
The Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collectionThe Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collection
 
clinical examination of hip joint (1).pdf
clinical examination of hip joint (1).pdfclinical examination of hip joint (1).pdf
clinical examination of hip joint (1).pdf
 
S1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptxS1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptx
 
Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...
Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...
Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...
 
Liberal Approach to the Study of Indian Politics.pdf
Liberal Approach to the Study of Indian Politics.pdfLiberal Approach to the Study of Indian Politics.pdf
Liberal Approach to the Study of Indian Politics.pdf
 
The History of Stoke Newington Street Names
The History of Stoke Newington Street NamesThe History of Stoke Newington Street Names
The History of Stoke Newington Street Names
 

GROUP PROJECT2Group ProjectRunning head GROUP .docx

  • 1. GROUP PROJECT 2 Group Project Running head: GROUP PROJECT 1 Our company, DAKAT Foods, produces, markets, and sells wholesome and socially beneficial foods and beverages around the world. The purpose of our talk today is to tell you about our newest product, an organic, fair trade, low-glycemic, environmentally friendly, and socially responsible iced coffee drink called HAPPUCCINO. Product HAPPUCCINO is a blended organic and fair trade blended iced coffee, deliciously creamy and served in compostable packaging. The product consists of organic fair trade coffee, organic and naturally low-carb sweeteners, and vegan nut-milks with other natural flavors. Our major competitors are Starbucks, Caribou Coffee, and Dunkin Donuts. Future partners will include REI, Whole Foods, Fresh Thyme, local grocery co-ops, and sustainability-minded restaurants and cafes. Marketing strategy focuses on a business’s overall plan to reach and retain potential customers through establishing a value proposition, gathering demographic data, and setting objectives. According to Abedin & Jafarzadeh (2013), a unique marketing strategy starts with product differentiation, which results in higher brand love, enhanced image, and customer loyalty. The products’ value proposition is also based on a great customer experience supported by an outstanding store
  • 2. atmosphere meant to decrease stress and increase the sense of well-being in our customers. Market and Customer HAPPUCCINO will be marketed through the use of mass media and online social-media advertisements, focused on long term branding of the product as a healthy, sustainability-focused, customer-oriented, and ethical business. We will also partner with established brands to co-market our products together. We plan to market HAPPUCCINO in several markets, including: · Online, via social media including Facebook, Instagram, Tick- Tock, and other person-to-person social media platforms · By engaging young influencers, such as popular Youtubers, young celebrities, sports figures, and others that our target customers trust. · By cross-promoting with other brands in the LOHAS space, e.g., REI, Whole Foods, Fresh Thyme, local grocery co-ops, and sustainability-minded restaurants and cafes. · We will run special ads in local publications, to drive foot traffic to our own and partner stores. As HAPPUCCINO moves through its life cycle and gains market share, we may decide to increase pricing; e.g. skimming price strategy, to increase revenues and further establish our superiority in the crowded coffee market. According to Akaeze and Akaeze (2017), business practitioners achieve a competitive advantage when they perform a careful value-creating plan or method not simultaneously performed by competitors. In our case, HAPPUCCINO is superior in health and environmental benefits. It is instructive to note that most initial pricing strategies are temporary and as the product life cycle advances, there will be changes in the demand curve and costs of the product that would naturally necessitate a reassessment of the pricing policies and their impacts. · We plan to market HAPPUCCINO to the LOHAS (i.e.,
  • 3. lifestyles of health and sustainability) market segment (Schüpbach, Gröli, Dauwalder, and Amhof, 2007). · This segment includes affluent individuals that care about their health and the health of the natural environment. · Our product will appeal to this market because we will use organic, fair trade, healthy, and environmentally friendly products, and packaging. · We will also donate a portion of our profits to causes that our customers care about, such as helping people in developing regions, restoring natural habitats, and providing education and outreach for communities in need. We plan to market HAPPUCCINO in several markets, including: · Online, via social media including Facebook, Instagram, Tick- Tock, and other person-to-person social media platforms · By engaging young influencers, such as popular Youtubers, young celebrities, sports figures, and others that our target customers trust. · By cross-promoting with other brands in the LOHAS space, e.g., REI, Whole Foods, Fresh Thyme, local grocery co-ops, and sustainability-minded restaurants and cafes. · We will run special ads in local publications, to drive foot traffic to our own and partner stores. Customer retention is the process of building long-term strategic relationships with existing customers that continue to support our products and brands over time. It is important to retain existing customers because it is much more expensive to find new customers than it is to keep existing customers. · We intend to develop incredible relationships with our customers because we offer a unique, healthy, and sustainable products that they want and need. (Bridges, Goldsmith & Hofacker, 2005). · By providing an exceptional product at a premium price, we will develop trust within our existing customer base. · Our product and in-store experiences will be exceptional, building brand love and motivating customers to purchase our products often.
  • 4. · We will utilize social media and viral marketing campaigns that will be shared by our customers, creating word of mouth and peer to peer communications. This will help to increase trust in our brand. · We will continue to reward our customers with loyalty bonuses, such as free size upgrades and free drinks after accruing points in our rewards program. Processing The process for our production line that we believe will be the most beneficial in the startup phase of our organization is a three-part process. In the initial phase is the roasting phase. In this phase two commercial, industrial roasters will take the raw coffee bean and roast it during a 2-hour process which will roast our bean to industry preferential standards at 375 degrees. This process will be a gradual heating until the beans reach the internal temperature stated above. The second phase of our production process will be the grinding and brewing phase. In order to minimize expenditures, we will not create an automated production line, instead opting for large quantity brewers that will enable us to create a product using a minimal labor on the production and assembly line.(ND) During this second process the coffee will be ground down and brewed into large commercial vats that will be done in 10L batches. The third and final phase of the production process will be bottling and packing. In this process our custom labelled and produced bottles will be filled with our proprietary blend of coffee, low carb sweeteners, nut milks and flavor enhancers. As our product will be shelved in cooled fridges within a retail location, the requirement for us to chill the product prior to shipping is nonexistent. Layout The layout of the facility will follow along the manufacturing process described previously. The layout will be a square layout divided into 4 segregated rooms that will house each one of the three production phases and the last room will be for storage of the product and serve as a shipping bay as well. This particular
  • 5. layout we believe will be the most beneficial to our production process and allow us to keep each phase separated from the next and thus have minimal chance of cross contamination and pollutants getting into our products. Location The location for our first production facility will be in Houston, Texas. The rationally behind locating our facility in this area is accessibility both to shipping and an ideal waypoint for disbursement into large scale freight forwarders and distribution channels. Houston is ideally located next to the port of Galveston, one of the primary shipping ports for products from the Caribbean and South America where many of our products will be sourced. It is also ideal as it is the 7th largest city and its access to transportation links for the greater continent is unparalleled. To further add to the benefits of the location, production facilities costing is one of the lowest in continental USA. Work and Job Design There are several elements that we need to pay attention to in the design of the job and work required to manufacture products or offer services, including tasks, motivation, resource allocation, and reward systems (ND) as follow: 1. A task is defined as a piece of assigned work expected to be performed within a certain time. At Happucino jobs will be divided and spread into three processing phases: the roasting phase, the grinding and brewing phase, the bottling and packing phase. 2. Motivation describes forces within the individual that accounts for the level, direction, and persistence of effort expended at work. Happucino is committed to designing work that motivates its employees to remain compelled, excited, and passionate to do their work. On the way, monitoring will be done by giving surveys to employees. 3. Resource allocation occurs when an organization decides to appropriate or allocates certain resources to specific jobs, tasks,
  • 6. or dilemmas facing the organization. Happucino will operate as a company at the startup level so that the allocation of human resources will be done very carefully, identifying and structuring the work in such a way as to be efficient in utilizing company resources. 4. Reward systems include compensation, bonuses, raises, job security, benefits, and various other reward methods for employees which in Happuccino will also be determined through the employee performance appraisal system. References Abedin, B. & Jafarzadeh, H. (2013). Attracting and retaining customers on Facebook business pages: A content analysis of an online discussion forum. International Journal of Technology Marketing. 8(3). DOI: 10.1504/IJTMKT.2013.055340 Akaeze, C., & Akaeze, N. (2017). Exploring factors that influence consumer loyalty to automobile dealerships in New York. Journal of Business Theory and Practice. 5(98). Bridges, E., Goldsmith, R., & Hofacker, C. (2005). Attracting and retaining online buyers: Comparing B2B and B2C customers. Advances in Electronic Marketing. 1-27. 10.4018/978-1-59140-321-0.ch001. xxfryu (ND) Facility Layout and Design. (-1, November 30). Retrieved February 11, 2020, from https://www.inc.com/encyclopedia/facility-layout-and-
  • 7. design.html (ND), Retrieved February 13, 2020, from https://courses.lumenlearning.com/boundless- management/chapter/job-design-and-motivation/ (n.d.). Retrieved February 11, 2020, from https://www.bizjournals.com/houston/news/2018/08/07/studyho uston-remains-among-top-cities-for.html Schüpbach, S., Gröli, M., Dauwalder, P., & Amhof, R. (2007). Ernst & Young, LOHAS, Lifestyle of health and sustainabililty. Retrieved from https://www.lohas.se/wp- content/uploads/2015/07/ErnstYoung-Studie- 2008_ey_LOHAS_e.pdf